Background
The plastic manufacturing sector in Pakistan plays a critical role in the industrial economy, serving packaging, consumer goods, construction, and automotive supply chains. However, one of the recurring challenges across the industry is the excessive loss of raw material during various production processes, which significantly inflates production costs and impacts overall profitability.
Material inefficiency is often linked to outdated machinery, lack of process optimization, poor quality control, and insufficient waste monitoring systems. In light of increasing raw material prices and competitive market pressures, this study aims to analyze how waste can be minimized to improve cost efficiency, with a specific focus on process strategies and their economic viability.
Research Questions & Objectives
A.Research Question
- What are the primary causes of raw material waste in plastic manufacturing in Pakistan?
- How does raw material waste financially impact production efficiency and profitability?
- What strategies or technologies are being applied across the sector to address this issue?
- How can engineering economic analysis help assess the cost-effectiveness of these waste-reduction strategies?
B.Research Objectives
- To identify key areas within plastic manufacturing processes that contribute to material waste.
- To evaluate the economic implications of waste across the supply chain.
- To examine the role of lean manufacturing, automation, and process optimization in reducing waste.
- To apply engineering economic evaluation techniques (PW, B/C ratio, IRR) to assess the feasibility and impact of proposed strategies.
Method
A.Research Design
This study adopts a case-based, data-driven research design that emphasizes the use of sector-specific information and documented industry practices to explore material waste and its economic implications. By examining industry-level datasets, technical reports, and documented performance benchmarks, the research will identify patterns of raw material inefficiency and assess strategies that enhance cost efficiency.
The approach enables a comprehensive evaluation of current practices in Pakistan’s plastic manufacturing sector and supports the application of engineering economic analysis tools. This design ensures that the study is grounded in real-world industrial contexts, making the findings both practical and applicable for decision-makers in the sector.
B.Data Collection
Secondary Data Sources:
The research will incorporate a wide range of relevant data and literature from:
- Industry Reports by organizations such as the Pakistan Plastic Manufacturers Association (PPMA) .
- Sector Surveys and Assessments from third-party consultancies and trade platforms focused on waste management practices and input-output analysis.
- Documented Case Studies highlighting best practices in cost optimization and material handling.
- Academic Literature covering lean manufacturing, industrial waste reduction, and economic efficiency tools applied to manufacturing environments.
- Economic and Production Data published by regulatory or advisory bodies involved in industrial development and environmental regulation.
All sources will be selected based on credibility, relevance, and their ability to support the research objectives.
C.Tools & Analysis
The following tools and techniques will be used for data interpretation and analysis:
- Descriptive Analysis to examine trends in raw material usage and loss across different manufacturing setups.
- Engineering Economic Evaluation, applying:
- Present Worth (PW)
- Benefit-Cost Ratio (B/C)
- Internal Rate of Return (IRR)
- Feasibility Studies comparing cost-saving impacts of different strategies such as automation, improved training, and process redesign.
- Spreadsheet Modeling (Excel) to simulate cost-efficiency scenarios based on actual or modeled industrial inputs.
These tools will support a detailed economic evaluation of solutions aimed at minimizing raw material waste.
Resources Required
- Access to academic journals and industry reports
- Government and industry data portals
- Spreadsheet tools (e.g., Microsoft Excel)
- Engineering economics references and formulas
- Instructor feedback during development